Key indicators for buyers
The NE32 market looks favourable for buyers. Prices have softened (-13.3%), which could present a buying opportunity. Affordability has improved from a peak of 6.0x in 2021 to 5.2x today. Rising rents (£718/mo, +7.3%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider South Tyneside area
A home in South Tyneside costs 5.2x the local median salary — moderate, improving from a peak of 6.0x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider South Tyneside area
Average monthly rent in South Tyneside is £718, up 7.3% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average South Tyneside price of £137,607 with a 25% deposit (£34k), a 2-year fixed mortgage at 3.97% costs around £543 per month.
Monthly cost comparison based on current data
Uses NE32 avg. price with South Tyneside rental data
Monthly mortgage payments (£543) are £175 less than renting (£718). However, buying requires an upfront deposit of £34k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
116, BOROUGH ROAD NE32 5XW | Semi-detached | £138,000 | 23 Jan 2026 |
23, PARK ROAD NE32 5JH | Terraced | £150,000 | 22 Jan 2026 |
60, LABURNUM GARDENS NE32 5NF | Semi-detached | £180,000 | 16 Jan 2026 |
22, SIMONSIDE VIEW NE32 5TS | Semi-detached | £196,000 | 16 Jan 2026 |
17, HILL PARK ROAD NE32 5XL | Flat/Maisonette | £33,750 | 12 Jan 2026 |
39, CAROLINE STREET NE32 5HP | Terraced | £120,000 | 9 Jan 2026 |
11, WANSBECK ROAD NE32 5ST | Terraced |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in NE32 sold for £137,607 in 2026, with a median of £145,500 across 7 transactions. Prices fell 13.3% compared to the previous year.
| £145,500 |
| 5 Jan 2026 |
40, DURHAM DRIVE NE32 4UD | Terraced | £155,000 | 19 Dec 2025 |
15, RAVENSWORTH TERRACE NE32 5EF | Semi-detached | £172,500 | 19 Dec 2025 |
21, HOLLAND PARK DRIVE NE32 4LL | Semi-detached | £190,560 | 19 Dec 2025 |
86, ETTRICK ROAD NE32 5SN | Semi-detached | £175,000 | 19 Dec 2025 |
5, NORWICH WAY NE32 4UX | Semi-detached | £180,000 | 19 Dec 2025 |
25, ELM STREET NE32 5JD | Terraced | £142,500 | 18 Dec 2025 |
16, GRANGE ROAD WEST NE32 3JA | Terraced | £147,500 | 15 Dec 2025 |
173, DURHAM DRIVE NE32 4SD | Other | £180,000 | 15 Dec 2025 |
38, DUCHESS CRESCENT EAST NE32 5QR | Semi-detached | £260,000 | 12 Dec 2025 |
26, PRIMROSE TERRACE NE32 5HA | Semi-detached | £151,000 | 12 Dec 2025 |
37, NORTHBOURNE ROAD NE32 5JS | Terraced | £131,500 | 11 Dec 2025 |
77, ST PAULS ROAD NE32 3AS | Flat/Maisonette | £46,000 | 11 Dec 2025 |
2, PARKFIELD NE32 4NP | Terraced | £115,000 | 10 Dec 2025 |
The most recent recorded sale in NE32 was a semi-detached property on Borough Road for £138,000 in January 2026. Across the last 20 sales, the median price was £151,000.